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Manhattan Loft Guy

Blog by Sandy Mattingly
New York, New York
on matters of interest to Manhattan coop or condo loft apartment dwellers, buyers, sellers, and others, especially about New York City real estate

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Manhattan Loft Guy

break away to win the neighborly competition / so many lofts, so many dollars ... but no sales (yet)

Apr. 17, 2009
Categorized in: pricing analysis
Tagged with: 1000ft, 1300ft, buyer eyes, competition, comps, neighbors, price drop, views
If this neighborly competition occurred in a cookie-cutter "apartment" building in Manhattan (even a high-end "apartment" building), the outcome would be clear: no one would bid on "B" or "D"; every serious bidder would bid on "F" and probably "E"; while
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more unintended consequences in petri dish of Tribeca neighbors

Dec. 12, 2008
Categorized in: Loft neighborhoods / Tribeca
Tagged with: buyer eyes, competition, comps, contract, neighbors, outdoor space, terrace
If I am the sellers of Loft 1 (priced only $30/ft below a neighbor with a terrace) or Loft 3 (priced $100/ft below a neighbor with a terrace) I would be worried that my listing will help sell Loft 4 to anyone who (all other things being equal) would prefe
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selling the neighbor's loft / unintended consequences in a Tribeca petri dish?
Dec. 7, 2008
Categorized in: Loft neighborhoods / Tribeca
Tagged with: buyer eyes, competition, comps, contract, neighbors
I remain fascinated by multiple units offered for sale in the same Manhattan loft building. I riffed on the possibility of one mistaken price leading to another on November 30 in neighborly competition leads to neighborly mistakes? the laboratory at 24 Ea
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